2012-10-06
2012-10-14
x dennis

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in the first place. wall street cannot be allowed to be reinstated. it drove our economy off the cliff and people tried to punish our records but they were not the ones that drove off the cliff. yet that is where the budget goes to recoup. it's time for us to have responsible regulation that makes sense. >> thank you very much >> moderator: final question i will be asking. you have three minutes to both answer the question and then make your closing remarks. mr. renacci, you talk a lot about a bipartisan group that you are a member of, 16 members, eight republicans, eight democrats, and devotee sutton you talk about reaching across the offer cash for clunkers. no single party can have all of the good ideas. i wonder what you heard from your colleagues on the other side of the all that makes sense, and what are you doing specifically to bring the governments instead of gridlock to the nation's capital? and i think we split ahead of time, and the first response, final response will go to congresswoman sutton. sutton: thanks very much for the question. i think building those relationships

of bad stuff. just this week the libya situation put the president on the defensive. the economy speaks for itself. so the only place the voters can really see the obama-biden ticket under pressure is in the debates. on the other side we're hoping governor romney will sit for an interview with us. we're negotiating that right now. we'll have an update for you on monday. generally speaking, mr. romney has been more accessible than president obama, but it is true the romney campaign is playing it very safe. at the debate tonight, vice president biden is the experienced hand. he's 27 years older than paul ryan and biden knows how to attack. the congressman is an unknown quantity when it comes to dealing with this kind of pressure. but talking points expects mr. ryan to be armed with panels that might slow down mr. biden who will most likely go after ryan hard. be interesting to see hot congressman handles that. that's a memo. top of the story, four years ago it was sarah palin debating joe biden. >> all you got to do is go down union street and go to katy's restaurant or walk into home dep

on the rich, you're going to destroy our economy." not true! >>> not a single thing he said is accurate. first of all -- >> be specific. >> i will be very specific. this lecture on embassy security. the congressman here cut embassy security in his budget by $300 million below what we asked for number 1. >> jennifer: congressman ryan could not have been to happy about challenging him on that. congressman ryan voted to authorize $300 million less for embassy security than requested by the obama administration. that's just one of the many misleading statements about foreign policy that emerged from congressman ryan last night. here to help up dissect the truth, former secretary of defense, lawrence corb. so great to have you back. >> nice to be with you. >> ms. cutter criticized governor romney because politicizing the libya attack. >> he spoke out even before libya. he accused obama for apologizing for basically the rise that occurred in egypt, when in fact what the spokesman said is we didn't support that crazy movie that was causing it. so, yeah he did politicize it

, a menace to our economy. mitt romney knows it's not wall street you have to worry about it's sesame street. >> people are criticizing that ad. are they right or wrong? i will decide. later in the program, is this the world's worst wedding ever? >> in the video, you can see officers wield be batons. it was necessary to control the crowd which police say had been drinking. >> that's not even the elbow of the day although a couple of elbows did fly in that. all right it's go time! ♪ ♪ >> bernie madoff. >> big bird. >> big bird. >> glut tons of greed. one man has the gouts speak its name. >> it's me, big bird. >> i love big bird. >> somebody's cracking down on big bird. >> big yellow, a manness to our economy. >> he's going to bring the hammer down on sesame street. >> we just think it's time you flew the coop. >> that was a good debate. i liked the debate. >> new strategies, just call it liars. >> don't pay attention to that behind the curtain. >> romney, ryan, 2012. yay! >> well, democrats woke up this morning with their hair on fire think what the hell is going on? why? because they saw

the economy around and his passion is to shrink the size of government. he made the compelling case in the debate and did an excellent job. >>neil: is it your feeling, senator, that the economy is going the president's way? many of course have doubts about the reliability of the government data lately but having said that, it such that the obama folks can say, well, the trend is our friend and the republicans can whine about the economy but it is getting better and it is making mitt romney fight harder. >> when you pump tens and hundreds of millions of what the fed is doing to prop up the stock market and commodity prices and the over all economy, look, the obama administration has about everything the government can possible do and we still at 1 percent or 2 percent growth from the deepest recessions we have ever had. this is part of the regulatory policy of this administration is blowing in the opposite direction. as hard as the fed is trying to do it and as much as the private sector is trying to regain the horrible chinament this president, not just regulatory, but climate in te

and the economy. listen to the knockout punch. >> i have created about 250,000 direct special indirect jobs, according to the state of nevada's measurement. that's exactly -- if the number's 250,000, that's exactly 250,000 more than this president, who i will be damned if i want to have him lecture me about small business and jobs. guys like me are job createsors and woe don't like a bull's-eye on our back. the president's trying to put himself gone me and my employees by class warfare, depriicating and calling a group that makes money, billionaires and millionaire who is don't pay their share. i gave 120% of my salary and bonus last year to charities, as i do most years. i can't stand the ideas of being demagogued, put down by a president who has never created any jobs and doesn't understand how the economy works. >> greta: does steve wynn have a point? overstock.com patrick burn is here. good evening. >> gret agrat to be on,. >> greta: overstock.com has over 100,000 employees. you are a large employers. i am curious about your thoughts on steve wynn's remarks? >> kigrade him on style or s

, how would you describe the jobs economy and right now? guest: this is the weakest recovery we have had since world war ii. the jobs numbers each month, we have averaged around 145,000 jobs created per month this year. that is barely enough to keep up with the growth of the working age population. and it has been a somewhat brazilian recovery in that there have been a lot of fears that we would go back into recession at various times and that has not happened. the overall economy has grown roughly 2% since the recession ended in june, 2009. that is a fairly weak growth rate, particularly after the death of the recession. by many measures, this is easily the worst since the great depression corporate -- the so the weak growth we've had since then has been difficult for the unemployed. we have a lot of long-term unemployed, that's been a record -- in the past it's at record levels. and we've talked about the crisis of long-term unemployment. hopefully it will pick up soon. host: let's take some calls from our guest and we want to hear about your job suation. caller: good morning. host: pl

there is we have what we think is a diverse economy. we have a knowledge center in our education areas much like states like california and we were pretty good at job creation at the time he got sworn into office. and he immediately dropped us from 47th out of 50. and in the end that really doesn't surprise you. because when you look at the business experience he taughts. it had nothing to do with creating jobs it had to do with helping investors. i can tell you in my region of the state, which is the south coast area south of boston. our major initiatives he was awol in terms of working with legislatures, so job creation did not occur when he was governor. and when someone else succeeded him, we have come back to that we're ahead of the terms of the rest of the country right now in job creation. there is more to go nationwide and even in our state. but in massachusetts i know we don't want to go back and one of the things that is proof in the pudding is mitt romney never campaigns for president in massachusetts. [ laughter ] >> it's no accident that it is not a battle

debate performance. >> absolutely. the economy is starting to very slowly and tentatively heal. i think things are slowly getting better. but there is not a go-go economy. >> jennifer: right. the bloomberg -- there was a surprise index issued by bloomberg today which says that the economy is improving more than professional forecasters had predicted. let me talk about the book. plutocrats. can you define that? >> i use it to talk about people at the very very top of the distribution, the 0.001%. that in the united states the threshold is making more than $7 million a year. >> jennifer: and the danger? >> two things. first of all to say to people you know, wake up the gap between the people at the very top and everything else is bigger than it has ever been in america. you know, it has -- it is touching the levels it touched in the guilded age. >> jennifer: and implications for the economy? >> the implications for the economy are -- i actually think we don't know for sure yet but what is to me more interesting and more important are the implications for politics.

. on the economy, biden unloaded, attacking mitt romney where president obama had not, on that video tape where romney called 47% of the american people victims who won't take responsibility for their lives. >> these people are my mom and dad, the people i grew up with. my neighbors. they pay more effective tax than governor romney pays on his federal income tax. >> reporter: ryan got personal. >> joe and i are from similar towns. he's from pennsylvania, i'm from wisconsin. you know what the unemployment rate in scranton is today? >> i sure do. >> it's 10%. >> yeah. >> you know what it was the day you guys came in? 8.5%. that's how it's going all around america. >> reporter: for a vice presidential debate, the stakes were high tonight. after mitt romney's big win in denver and president obama's no-show performance there, biden needed to stop the bleeding. ryan was going for the jugular, seeking to build the momentum republicans are feeling. >> the next time you hear them say, don't worry about it, we'll get a few wealthy people to pay their fair share, watch out, middle class. the tax bill is c

start, i want to thank the mayor for your endorsement and support. thank you both for coming. economy. the whole race is about that. we held one of our first jobs fares here because we want to connect people with jobs. when you put a title on a bill in washington that says jobs bill, you have to read the bill. those bills in particular were rejected in a bipartisan manner, and that means democrats and republicans recognize that by taking for under $50 billion in taxes out of the private sector and giving it to washington to increase government spending, that is not the answer. the best answer is to come and put the money in the communities. i went down there today and he did not say, thank you for coming. please take this money and bring it back to washington. he said, go back to washington and tell them they need a reality check. we are tired of the overspending and the taxing and taking more money out of the economy. there are real challenges here. i used to live here. i worked and i lived over there. i understand. many businesses are hurting right now. regulatory tax uncertainty is

into an exchange about the economy. biden said look. igts in a bad shape because you, paul ryan voted for two wars that were put on a credit card then listed off a number of things then said quote i was there and voted against that. i said we can't afford that. wait a minute. joe biden voted both for auj saigs of the use of force resolution for afghanistan and plus voted for resolution to go to war against iraq. tonight on national tv said i voted against that. i said we can't afford that. but wait a minute. he voted in favor of that and both of these things i think are going to come back to haunt him. >> there is a point about libya. what he said about liba. through the state department and intelligence committee under the bus. i'll tell you where we're going see it again that, is at the presidential debate. and there is a lot of criticism of the president he's sort of late to the game in terms of identifying it as terrorism. and now, it turns out tonight as vice president a little bit of a problem with that. i think that is going to come back to haunt him. you talk about smirking and smiling. we

agenda. joe biden and paul ryan clashing on on the economy and the mideast. we'll bring you highlights. plus everyone from washington to wall street is still buzzing about a cnbc exclusive. as the fiscal cliff near, steve liesman sat down with lloyd blankfein, alan simpson and irs skin bowles. >> people won't understand how critical this time in history is. we have $7.7 trillion worth of economic events that will hit america in the gut in december. and in washington they're doing nothing about it. nothing abit. we should be asking these guys running for president and every guy running for congress what are you going to do? >> we're accepting the challenge to do something about the looming fiscal cliff, so this morning we will ask each of our guests about the stakes and consequences for action and inaction. blankfein predicts that there would an huge positive impact on the economy and the markets if a bipartisan compromise is reached. he says he would be a buyer of the market as a result. plus andrew has a great line of corporate leaders. >> thank you, becky. and did you a remarkable jo

the united states economy. the price and economic impact would be much greater if these occurred. we hope that this paper which is a departure from the focus of most papers on the consequences of a nuclear iran or a nuclear capable iran will trigger a new discussion and enable an expanded debate on the topic. i would like to introduce michael, the foreign policy director of the bpc, a former oil analyst to boot. he directed this effort and will review some of the key findings. he will introduce our very distinguished panel. mike. >> thank you, senator. thank you everyone for coming. as the senator said, the purpose of this report is really to trigger a debate. we are not suggesting that we have all of the answers, but we wanted to introduce a new dimension to the debate about iran about preventing a nuclear iran. we are not -- focusing on the economics, we are not suggesting the economic issues should drive united states policy one way or another. but it has definitely come up in the debate. it has been raised, certainly in terms of let us say about the impact on sanctions and military, s

. i want to encourage the economy to grow again. >> so you're repealing obama-care but keeping the good parts of healthcare, social security and medicare for seniors and you're going to build more submarines and destroyers than the pentagon wants, i want to ask you a question. are you a wizard. >> i'm not going to layout a piece of legislation here. >> we can't wait to walk you through all the details math point by math point. there are some tricky--sasquatch tricky--sasquatch. sasquatch, you come here! you come here, no, no, yeti. >> hi there, it's a trolley. it's on the way to the neighborhood of make believe. that's where me and paul ryan get most of our facts from. >> the combination of limiting deductions and credits and exemption as well as the growth of the economy will make up for the reduction rate. >> i mean, do you have a royal family. >> yes, it's called the romneys. >> ha, ha, ha. >> eliot: as joe biden practices for his debate, we'll talk to the person who helped him practice for 2008. currentttttttttttttttttttttttttt nah, he's probably got... [ dennis' voice ]

will. i'll just create a better economy by snapping my fingers now. don't know how long he can get away with this, maybe until election day, but he's taking this position that it almost doesn't matter what he says as long as it sounds good at the time. >> cecile, let me ask you about, when you get up in the morning and worry about the possibility of this election going the wrong way from your perspective of a volunteer for obama, when you really think, and you have to talk to your best friends whom we care most about, when you tell pro choice women what they should fear from the next administration, should it be a romney administration, what is your concerns? what are the list of concerns you have? >> first of all, the thought that my daughters would have fewer rights than i do, or my granddaughters or other folks' children, women would literally lose the right to make their own personal decisions about health care, about having children is absolutely incredible. that is frightening. the other thing that's an immediate concern is planned parenthood. we see 3 million patients every year.

talking about today? are they still talk about differences on job, on economy, on health care? uh-huh. no. no. no. the number one issue that has taken hold more written about, more spoken about more than any other issue is big bird. yes, indeed. we remember mitt romney pressed to say, okay now look you say you are going to cut all of these programs. let's get real. give us one example of programs you are going to cut. >> romney: i'm sorry, i'm going to stop the subsidy to pbs, i like big bird, i actually like you too. >> bill: oh boy. it's so stupid just so stupid to lay that out there. this has been a classic republican attack line going way back. i remember when newt gingrich was speaker his number one issue, number one issue as speaker of the house of representatives was to cut all funding for pbs and big bird and all of the rest on sesame street. it never went anywhere. and you know why it's not going to go anywhere? because big bird is too popular and doesn't cost much money. if you are alive, right? you know pbs and enjoy pbs, if you have ever had kids o

that both parties agreed that has to lapse. but at our economy of 1.4 that a tremendous growth. >> it is slower now than when the president justified pushing back the rate hikes. >> you cannot let taxes go up. >> isn't there more justification now? >> if you took economic reality and you took even the democratic idea of economics. you don't raise taxing on an economy that is slowing down to one percent. >> chuck schumer will not entertain that. we mentioned that when biden had that. they had changed the math to make it more palatable. you are saying it wouldn't fly >> if president obama gets reelected. he cannot let the tax cuts for the millionaire billionaires go through for another one or two years and i think he will stand his ground. >> he will say i am reelected and all of his forces behind him. >> it looks like some republicans would let that happen. >> what would happen, he would veto it and all of them would die and he would say you want them back? give me back all of the tax cuts except for the millionaires and billionaires. >> it is different if mitt romney is elected

going on in gasoline markets is the fact that the largest export in the american economy today is refined petroleum products. america is exporting three million barrels of refined product like gasoline, diesel and jet fuel out of the gulf coast but what that is doing is keep, refining margins nice and profitable but it is also elevating gas prices artificially higher than they otherwise would be. >>eric: could you suggest the refiners not sell to the best beller? >>guest: not if it is negatively impacting american drivers and the american economy. >>eric: so you want trade restrictions or protectionist? if you refine it here you keep it here and we make it more expensive for are to do business here but don't sell it anywhere elsewhere the standards are easier to deal with? >>guest: we already have those regulations over crude oil that is produced here in the united states. if you want to export american-produced crude oil you have on get a license to do so from the department of commerce. we ought to at least investigate whether the record level of gasoline exports from america

effectively in this campaign. it is of course a campaign about the economy. everyone says it's about the economy, but even more than that, it is about the future of the american dream. it's about the future of the middle class. and that's very strong ground for this president. people believe that he is fighting for the middle class in a way that they do not trust mitt romney to do. >> can i put forward a theory? >> that is why you're here. >> there has been so much panic since the last debate and i think michelle obama has a better view of this race than some of the pundits. andrew sullivan all by declared this thing over and he's a obama supporter. >> i believe it says here the election is november 6th. >> i've heard that, too. >> and there's a theory there that michelle is operating on. and the theory is that people are still listening and organizing on the ground involves telling people about the president's record to win. and if you look at the debate numbers, the most important one i think has been glossed over. when you ask independents about the debate, 70% said romney did bet

more organized. but it is an uphill climb because the economy is so tough. it's an uphill climb especially after the debate there was extra local attention on that debate. there was so much residual coverage of that in the local media here that president obama's performance and mitt romney's performance played an especially huge role. >> jennifer: you think because of the local coverage coupled with the national coverage you got really saturated? >> that's absolutely right. it wasn't just the national story, it was local radio and television, and there was a before and after on all of this. >> jennifer: there still is. we're still talking about it too. so tell us about the mood of the conservative -- i know you have a radio show where you have a lot of conservative listeners so i assume they are feeling their oats for mitt romney? feeling really good? >> here is what is worrisome, i sense that the enthusiasm is on romney's side. the organization is on the democratic side, but there is a lot of enthusiasm, not necessarily for mitt romney but for the idea

. lights out. ♪ (sirens) (train horn) ♪ vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. >>> wrapping it up from here, you know two words we didn't hear tonight? big bird. >> good point. one word i did enjoy hearing was tween. >> yes. and lots of laughs. that is quite something that. is it from us. for us, from here. in danville, kentucky tune in on tuesday for next debate between president obama and governor romney. in new york. >> more is coming up right here. >> and we're coming to you live from the spin room a special edition of hannity. we're loaded up tonight and have a frank luntz foc

unemployment numberings. these chicago guys can't change numbers so. >> and jack welch is right. the economy would have to increase at break neck speed. joining us now to talk about this is the author of freedom manifesto steve forbes. >> thank you. >> do you believe that the numbers are cooked up? especially in the summer time. millions of kids going into the work force and seasonal adjustments in august they did notice that a million kids who normally might stay and work in september dropped out in august. and they should have made adjustments and taking into account the unusual activity in august. they didn't do that. maybe that is government incompetence. if you didn't make that adjustment you get a better number than reality. if you look at long-term trend going back to march of this year. there is no new creation of full-time jobs. almost all of it is part-time work and people who don't want it but have to take it because there is nothing better. that is the shocking thing. third or fourth year in the recovery we are having to defend on part-time rather than full-time employment and th

the ayatollah sees. he sees his economy being crippled. the ayatollah sees 50% less exports of oil, he sees his economy going in a freefall and he sees the world totally united in opposition to him getting a nuclear weapon. the president has met with netenyahu a dozen times. i was in -- just before he went to the un, i was in a conference call with the president -- with him talking to netenyahu for well over an hour, and stark relief of what was going on. this is a bunch of stuff -- >> what does that mean? >> biden: it means it is simply inaccurate. >> ryan: it is irish. >> biden: it is. the secretary of defense has made it -- you can't walk anything back. we will not allow the iranians to get a nuclear weapon. what netenyahu held up there was when they get to the point where they can enrich uranium enough to put it into a weapon. they don't have enough to put it into a weapon. iran is more isolated today than when we took office. sit totally's a littled -- [overlapping speakers] >> ryan: thank heavens we had these sanctions in place. it is in spite of their opposition --

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. >> our entire premise of the tax reform plans is to grow the economy and create jobs. it's a plan estimated to create 7 million jobs. we think that the government taking a 28% of a family or business. income is business president obama thinks the government ought to be able to take as much as 44.8% of a small business's income. if you tax every person and successful small business making over to hundred $50,000 at 100% it would only run the government 90 days. we would still have a $300 billion deficit. there are not enough rich people to tax to pay for all of their spending. watch out, middle-class, the tax issues are coming to you. host: joseph is in our jacksonville, florida line, in support of president obama. caller: good morning. i enjoyed the debate. several things caught my eye with vice president biden's. he did a lot of laughing and smirking. some of it was called for and some was not. going back to last week, watching romney tell those untruths, i believe he had to do some of that because the only thing paul ryan was doing was complementing what romney was doing, which

to our economy. mitt romney knows it is not wall street you have to worry about. it is "sesame street." >> mitt romney taking on our enemies no matter where they nest. >> big bird's corporate masters, yes, he has them, requested the campaign take down the ad saying in a statement, sesame is a nonprofit organization and we do not endorse candidates or participate in political campaigns. more on romney's disgraceful war on children, they declined to participate in the kids pick the president special that includes president obama apparently because he couldn't fit it into his schedule. this decision disces children, but this week he straight up mooned them. as this photo shows here. not really. it is just a weird photo. let's talk about the big bird ad which even liberals at this poit are mocking. you own a commercial agency. does this spot work at all? >> i don't know. i can't get into the liberal brain. i guess that's who they are going for. i think the problem with this commercial and the reason sesame street is scared of it is they don't want people to know they are doing really well

business. we can't be in the service economy, we need to create jobs, make things with our hands. back to manufacturing. back in virginia where i live, the clothes textiles, furniture mills, they're sad. let's build wind turbines facilities. >> gavin: the challenge is people go where the costs are month modest. i think you're right. the cheap china being the thing of the past, and the cost of robots that they're building the iphones and other things, but what about the manufacturing, the value equation for manufacturing in america, still not necessarily where we need to be. there is a legacy cost, sirs as you say, health and pension it's not a race to the bottom but how can we bring manufacturing back? >> president obama has strived--he has had good manufacturing plans. congress has not been a willing ally, which i think is crazy. we're the greatest country in the world. technological, we're so far advanced. let's take the kindle, taiwan came in and bought the whole company, moved the entire operation to taiwan. if you buy a kindle, it's all made in taiwan, something that was designed

, that he can take us to a better place, he can deliver us from the economy we all inherited from george w. bush to something better. romney came out best in the first debate because he denied the path he has chosen, denied the big tax cut from 35% down to 28% for people at the top bracket. the all-out elimination of the estate tax, the big-time cut in the corporate rate. he denied his plan to eliminate medicare, denied he would kill coverage for those with pre-existing conditions. he got away without bothering to deny his plan to let the automobile industry to go bankrupt and to dump 40 million people to wait in the emergency room. let's look at some of the latest polling in the wake of wednesday's debate. this afternoon pew released a poll that showed a dramatic shift toward romney. this poll covers the four days since the debate, and it has romney pulling even with president obama among registered voters, 46% even. four weeks ago pew had obama up by nine among registered voters, so this has been a huge shift in the pew poll. the move in the pew poll towards romney is greater among likel

republicans who admire what he did -- >> because he did the economy. >> what he did with the economy. so i think this particular clinton card is being played very judiciously by the campaign. they're going to put him out there even more so. i think it's smart. >> now, if you were romney, would you do the same thing with george w.? would you bring him into the big swing states and have giant rallies with you and george w.? would you do that. i'm just teasing. >> i don't see george bush as an anathema. >> would you bring him out for the big rallies in columbus. >> the president probably doesn't want to participate in this campaign. but there are some spots in town he could probably help. >> how would you like w. out there campaigning for the other guy. >> i strongly recommend to romney that he campaign everywhere with george w. bush. if you look at all the data, people still blame by a margin of two to one the economic problems in this country on bush. so i think -- and the other thing, by the way, it would open up for the president is the very clear case that if you didn't like the bush/che

. >> eliot: what does that mean? the sanctions are crushing the iranian economy. their currency has been devalued dramatically. there is currency internally. what other sanctions could we impose? >> there is not much. once obama agreed to sanctions that was one. then he said the u.s. should arm syrian rebels. that's not what he said. he said the u.s. should work to organize the rebels so that they can be armed by others. that's identical to the obama administration position. >> eliot: and it may be happening. those are the covert efforts that may be running through iran saudi saudi arabia. >> they are. >> eliot: they don't want to publicize them. but jon, let's go to you. you have been in iraq. you heard what romney said we should be doing differently in iraq. how does it strike you. you had boots on the ground, tell us your reaction. >> i was shocked. he some how thinks he could have done differently in iraq. we were being bounded by the militia, supported by iran. we can build the hardware of democracy but it does not mean that we'll win the election. fringe elements of the militia las

his name. >> big bird. >> big bird. >> big, yellow, a menace to our economy. mitt romney knows it's not wall street you have to worry about, it's sesame street. >> i'm going to stopt subsidy to pbs. >> mitt romney taking on enemies no matter where they nest. >> with the presidential election four weeks away, there is new polling out. it shows the race between president obama and mitt romney closer than ever. tracie potts has more on that from washington. good morning. >> lynn, good morning. mitt romney is going to iowa today to a family farm before heading off to ohio where we'll hear his repeat his new campaign line. mitt romney has a new campaign line today. >> hope is not a strategy. >> reporter: we first heard it in the foreign policy speech monday. he argues, president obama's policies have made the world more dangerous. >> it's a risk of conflict in the region is higher now than when the president took office. >> romney promised to create one point person to deal with the middle east, arm syria's rebels, sanction iran if needed, expand the navy and push free trade. democrats

the economy. >> stephanie: and here is mitt romney. >> romney: when i'm president of the united states -- [ cheers and applause ] >> romney: that unemployment rate is going to come down not because people are giving up and dropping out of the work force but because we're creating for jobs -- >> in china. >> -- and get america working again. >> stephanie: the first part of that once again was a lie. [ bell chimes ] [ applause ] >> stephanie: just saying. okay. helen in fairfax, virginia. welcome. >> caller: did you get a chance to see george step november louse? >> stephanie: no. >> mary -- every time she started to speak to him she always ended up saying professor, dr. krugman. and i wondered if it was a way to put down people are a lot of education. >> you aren't the boss of me. >> when is it pejorative to call a person a professor. >> stephanie: yeah. welcome on are on the "stephanie miller show." >> caller: they have talked about education during the debate. and he would take the federal idea and send the title one funds and send it to the poor so they could choos

, yellow, a menace to our economy. mitt romney knows it's not wall street you have to worry about. it's sesame street. >> i'm going to stop this subsidy to pbs. >> mitt romney, taking on our enemies no matter where they nest. >> bill: now, the sesame workshop, which controls the image of big bird, asked the democrats to pull the ad. saying it's nonpartisan, doesn't want to get involved in that. this year the corporation for public broadcasting will receive $444 million. $444 million in taxpayer funding. that's money the nation does not have to spend. especially facing a trillion dollars budget deficit and a $16 trillion national debt. jon stewart and i debated the issue on saturday. >> the reason that we invest in things like public television is that it brings educational programs to communities that would not have them. it's one of the best investments we ever made in the country. >> bill: $16 trillion and we got to pay for bill moyer. let him compete on his own. you want educational programs, watch your program! spring for the cable, all right. let him compete on his own! come on.

the chance to work out some of their differences. >> greta: the eu. is failing, the economy is going under and they are creating another global crisis. the imf said, countries about to go bankrupt in the e.u., the idea that they are being rewarded a a morale boost treminded me of a pee wee league and a sports team and you give them all trophies because they are 6 years old and you want everyone to gets a trophy. this is not a success story. >> no, it is not. it contradicts the rationale of the prize. the argument for european integration is that war was caused by nationalism, so the way you avoid war in the future is tode reduce nationalism by forming the european union, yet what is happening? they are rioting in greece and in spain because of german dominance of the european continent. >> greta: the chancellor of germany was in greece and they were calling her a nazi this last week. >> this doesn't look like the obliteration of nationalism. but the point is wrong, you know, in britain, their democracy didn't break down in the 20s and 30s and that's why britain is europeo-skeptic. they say

. >> big, yellow, a menace to our economy. mitt romney knows it's not wall street you have to worry about, it's sesame street. >> i'm going to stop the subsidy to pbs. >> mitt romney, taking on our enemies no matter where they nest. >> that actually was from the obama campaign. that was not stewart or colbert. still coming up, why you're awake? "morning joe" is moments away. [ male announcer ] there are only so many foods that make kids happy. and even fewer that make moms happy too. with wholesome noodles and bite sized chicken, nothing brings you together like chicken noodle soup from campbell's. it's amazing what soup can do. yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? [ voice of dennis ] silence. if we want to improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ...nothing transforms schools like investing in advanced teacher education. let'

's no easy answers. >> people need money. they need our economy to come up. but we need our way of life, also. >> reporter: drilling would bring in much-needed jobs. but steve says his community would always rely on life in the sea to survive. >> the ocean is our garden. the animals are our identity of a people. >> reporter: pretty peaceful down here. and down below, our exploration of the arctic's underwater garden continues. there is one final discovery. >> it could be a coral. that is potentially a very exciting find. and away we go. >> reporter: we make our way back to the surface for a closer look at the catch. first, a gargantuan starfish. >> probably weighs eight pounds. >> reporter: then, what hocevar is really excited about. >> this may be a soft coral. if so, this would be the first specimen of coral ever collected in the chukchi sea. >> reporter: environmentalists say these creatures may offer big insight into what's at stake. >> we're rushing ahead to allow drilling in the arctic. and we don't even know what's down there. >> reporter: greenpeace faces an uphill battle. shell has b

to bring this economy around. but i have to say, it was a pretty ugly demonstration in ath thens. back to you. >> fascinating dynamic there. geoff, thanks so much. >>> still ahead this morning, will rex ryan and the jets finally declare it tebow time? the mystifying quarterback strategy at the meadowlands explained. plus, baseball playoffs ahead in sports. >>> and -- >> it's a beautiful day in the neighborhood, beautiful day for a neighbor, would you be mine, could you be mine. >> jimmy fallon turns mitt romney in to mr. rogers. that clip and a check on weather when way too early comes right back. i've been coloring liz's hair for years. but lately she's been coming in with less gray than usual. what's she up to? [ female announcer ] root touch-up by nice'n easy has the most shade choices, designed to match even salon color in just 10 minutes. with root touch-up, all they see is you. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can s

his business advice about the economy and said that we should let detroit go bankrupt, we said, no thanks, we're not going to take that advice. we've reignited an auto industry that's on top of the world. >> he wasn't having a shining moment at the debate. watch this. >> everybody here, incredible professionals, they are such great friends and they just perform flawlely, night after night i can't always say the same. >> so he joked about his performance but he's going hard on the policies. is that a winning formula, marg? >> absolutely. that's why the president is usually net favorable. even new polls that have come out in the last couple of days have shown romney doing better, even leading obama, he's still net favorable. that kind of looseness that you're seeing from the president on the campaign trail, we're just simply not going to get from romney. that's just not the kind of candidate that he is. when you take all of that together combined with mitt romney who has put himself in a corner not just with fact checkers but his own campaign team that has to walk back his commen

served their time. they're tax-paying citizens credibilitying to the economy and many are veterans and they should not be prevented from voting. >> cenk: a lot of republicans will turn around and say democrats, they want criminals to vote and that's why they want the criminal vote. that sucks. that's ugly, but it might be politically effective. how do you get beyond that? >> first of all let's consider who we're talking about. half of these people, as you point out are non-violent drug offenders. are we to say that for the rest of their lives, which is the law in many states, for the rest of their lives they're barred from voting? and is anyone deterred from committing a crime because they won't be able to vote for four years after coming out of prison? i don't think that will deter anyone. iceland, a country i just visited which has a low incarceration rate compared to us. in iceland and many european countries, not only can inmates vote, they can vote while in prison. they're encouraged to vote. why? they encourage them to remain connected to their community. they're still citize

their best to really make it count. >> they clashed on a wide range of topics, everything from the economy, to iran, even some social issues, and in stark contrast to the first presidential debate, this one was animated. it was fast-paced, full of cutting attacks. let's get right to nbc's political director and chief white house correspondent chuck todd. he is at the debate hall in danville, kentucky. chuck, good morning. >> reporter: well, good morning, matt. it was a tale of two different debate strategies really. for joe biden it was about calming down supporters upset with president obama's performance last week. he went with the kitchen sink approach. paul ryan, he went with the do no harm mantra. >> when we look weak, our adversary are much more willing to test us. they are more brazen in their attacks and our allies are -- >> that's all a bunch of malarkey. >> reporter: joe biden played the role of attack dog, gesturing, interrupting, laughing, make is his presence felt when paul ryan was speaking. >> under a romney administration, we will have credibility on this issue. >> vice pre

to trust obama on the economy. that represents little change from the last poll when obama held the advantage over mitt romney. but you are right, jim, it is amazing to the degree that one debate has changed just incredibly disastrous campaign. there you go main stream media, fight. fight. fight. >> yeah, exactly. mraus >> stephanie: i'm getting confused on which conspiracy did i cook the job numbers more or the polls. oh, look, it is the john and pam show, everybody from ohio. ♪ from ohio, it's the john and pam show ♪ ♪ it's the john and pam, john and pam, john and pam show ♪ >> stephanie: good morning, john and pam. >> caller: good morning, everybody. >> caller: good morning jim and chris. i am so mad. how dare him stand up in front of those military flags and give a foreign policy speech. the only thing that man knows foreign is his bank accounts in the caymans. reran away from war. and he wants to stand up? that man is going to put us in another war, and these people better wake up that support this idiot, and vote him out before he even gets in. >>

're going to destroy our economy." not true! ♪ >> announcer: heard around the country, and seen on current tv. this is the "bill press show." >> bill: all right. thirteen minutes before the top of the hour. off the politics for just a second here. it has been a little over two months now since curiosity landed on the planet mars has been very, very busy since then. looking at rock samples, collecting dirt samples -- soil samples on mars. how are things going we want to check in with dr. beagle at nasa's jpl lab out in california. joining us very early this morning, but luther you really operate on mars time right? >> yes, and it is a 24 hour 40 minute day. >> bill: so what time is it on mars now? >> i do know i have an app for it on my cell phone, but i'm talking on it so it's hard to tell. >> bill: okay. is curiosity doing the job you expected it to do? >> yeah it has operated flaw >> bill: tell us about -- we know rocks on earth. are these the same kind of rocks that we have on earth. >> no, see there are all different types of rocks we just found on mars. the rock we

. the combination of limiting deductions as well as growth of our economy will make up for the reduction in rate. >> bob shrum, thank got in the rest of this discussion with wolf blitzer, he clarified the fact he's going to cut $5 trillion in revenue, a lot of it from wealthy people. >>> he's not going to the bank, he's going to let that tax cut stand. you can call it a lie, he's cutting taxes for the rich. he says he's going to offset that, but when asked by wolf blitzer, are you going after where the money is, the mortgage deduction? rule going after charitable, which everybody seems to like? i'm not going to keep those preferences. how can he do it? is he houdini? >> he can't do it. the tax policy center says you can get rid of all of the deductions and it wouldn't pay -- and that's what they do cost before they're offset. that's just a fact. he's actually misquoting the president's campaign manager, but he then goes on to say, well, maybe we can't set a limit of $17,000 or $20,000 or $25,000. that would be the total deductions you could take. for a lot of middle-class fame with pretty substa

in the economy that say that the surges are true. >> here you put out unbelievable jobs numbers, fair enough. these chicago guys will do anything, can't change the numbers. what evidence do you have that the chicago guys got to the bls, the bureau labors of statics. >> i have no evidence. i just raised the question. >> is that a fair assessment of what jack welch said? he went out and said, the chicago guys changed the numbers. >> well, that's his assessment of it. >> he said he had no evidence but that's what he believes. >> do you believe that any sane person really believes that you have can get into the labor statistics? joy-ann, go ahead. >> richard nixon tried to get into that agency and actually floated a really racist conspiracy theory that he couldn't break in there. the idea that the chicago guys. what chicago guys? welch, who i used to respect, by the way, said i didn't mean the white house. which chicago guys are you talking about? number of foreclosures have hit a record low. have the banks conspired? no. they can't stand barack obama. the numbers are numbers. >> numbers are num

to the policies in the past on the economy. they know the president has a strong record on foreign policy. they politicalized this issue. they know these assessments change over time just like after 9/11, like they did in iraq. >> headline in the "new york post," reads smirky biden upstages his boss. it looks like the vice president got the base off the cliff, as you were saying just a second ago. what is your thought here? does the president plan to be as aggressive, maybe take a play out of the vice president's plan here when he has his debate next tuesday? >> i think everyone knows the vice president and president obama are two extremely different people. the president will hold mitt romney accountable in the next debate. i have no doubt about that. joe biden set the table for that. paul ryan was exposed last night for not having any new ideas and for not being truthful about their plans. >> brad woodhouse, thank you so much. i appreciate your time today, dnc xhuks director. >>> let's bring in our friday political power. julian reed, alice stewart. we want to mention any minute we are

. if all of those things expire in a weak economy you are talk about deep budget cuts and tax increases at a pretty difficult time. >> jennifer: you are a great watcher of congress and you know human behavior and when they approach go over a cliff, it is not going to stay there. but i want to talk about what john boehner said . . . so do you think that baner is bluffing? >> you talk about human behavior, and that includes individual not always strong humans like john boehner. we have a couple of possibilities here let's face it. one we end up with something like the status quo. then they are going to have to deal with obama for the next four years, and the numbers don't make a huge difference. there is more of an incent dividend to cut a deal or at least say we're going to put it all often for a couple of months. but if romney wins they are going to say why should becut a deal with a lame duck president? let's wait until january. so the likelihood of a deal depends very much on the outcome of the election. >> jennifer: totally. but how can you get a deal, whether

? the best thing i can do is immediately get a boost in this economy. >> jennifer: the question is -- this is advice with how to deal with student loans. >> right. >> jennifer: how effectively is that of a sell -- and you have -- and if you can answer kind of shortly, because i want to make sure i hear every word of it. >> i understand. i assume the young woman got no comfort from that response. president obama has increased pell grants by 50%, has put $2.5 billion in historically black colleges cut out the middle person, and now deals direct. mitt romney has no record in these areas, and president obama actually does. this is a woman the student, possibly one of the 47% who the governor was just criticizing because she is a student may not be paying federal income taxes, but in his own words is working three jobs. he is just phony. >> jennifer: we're talking on the day before the big vice presidential debate. >> yeah. >> jennifer: the president is going to have another chance with mitt romney next week. but you are good friends with the vice president. wh

economy. it just didn't work out that way. the reason why they were having problems was because of the mortgages defaulting. we weren't fixing the core problem. tarp was supposed to help troubled asset release. when congress voted for it, they thought they were voting for a program that would help prevent unnecessary foreclosures. what we ended up doing was a capital investment program. in 2008 i could understand because we were in a crisis situation. but even going into 2009 when the system was stable we never did much to help homeowners and kept bailing out the big banks. >> cenk: i can understand it if the treasury secretary was a former chairman of the goldman sachs. >> i don't ascribe to that. i think it's their world-view and perspective. but when i participated in the 2008 program it was my understanding we were going to have a very aggressive foreclosure prevention program. the bush administration never launched it. again they were still focused on the big banks. unfortunately when the obama people came in the focus remained on the big banks. >> cenk: so when president o

could be a drag on the world economy for years. that wasn't the news that wall street wanted to hear. the dow dropped 110 points to close below 13,500. one of the big fears is that greece won't be able to pay its debts. today the german chancellor, angela merkel, flew to athens to show support for the greek government and to make sure that it goes ahead with severe budget cuts. mark phillips is there. >> reporter: her official welcome was dignified with all the usual state visit trappings. her unofficial welcome was angry and laced with uncomfortable imagery of what many greeks think of the german leader. no insult was spared. angela merkel is being called the most despised person in greece. she's insisted to prime minister antonis samaras that european bailout money that is keeping greece afloat only be paid if the government continues to make severe cuts in jobs, services, and pensions. merkel told the greeks she understood their suffering. they told her in their tens of thousands that they've suffered enough. most of the demonstrators were peaceful, some were not. and athens once

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